Tue, Apr 30, 2024 9:31 AM
Samsung Electronics Set To Mass Produce Groundbreaking 5Th Gen HBM3E Chip
A Flip by Riya Sharma
Palantir Technologies (NYSE: PLTR) has been in the spotlight in recent years. The company formerly focused solely on providing data mining and AI to the U.S. government and its allies, but has since pivoted to offer its services to enterprise-level businesses. On Jan. 27, 2021, just months after its debut, Palantir Technologies hit an all-time high of $39 -- 438% above its list price of $7.25.
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European stocks inched lower on Tuesday, following losses in Asian equities as U.S. Federal Reserve officials tempered investor enthusiasm about potential interest rate cuts as they called for policy caution. The pan-European STOXX 600 index slipped 0.3% by 0710 GMT, with gains in healthcare stocks more than offset by losses in banks and utilities.
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Lowe's customers are likely pulling back their hammers and nails again this quarter. On Tuesday morning, the home improvement retailer is expected to post a 5.46% drop in revenue to $21.13 billion. Same-store sales are estimated to drop 5.64% Y/Y, higher than the 4.3% decline seen in Q1 2023. Wall Street expects that consumers are cutting back their visits and spending less when they go.
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